The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

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SK Hynix → unnamed vendor(s) — memory & storage

$38.1B — 54 trillion won (~$38.1B) combined board-approved investment — 35.2 trillion won for the Yongin Y2 fab + 19.1 trillion won for the Cheongju M17 fab (paid to unnamed vendors/contractors — this source doesn't disclose who specifically got the money)

med confidence · as of 2027-07-01T00:00:00Z ·

$38.1B — 54 trillion won (~$38.1B) combined board-approved investment — 35.2 trillion won for the Yongin Y2 fab + 19.1 trillion won for the Cheongju M17 fab (paid to unnamed vendors/contractors — this source doesn't disclose who specifically got the money)

Sourced figures 1


the working

Basis

$38.1B — 54 trillion won (~$38.1B) combined board-approved investment — 35.2 trillion won for the Yongin Y2 fab + 19.1 trillion won for the Cheongju M17 fab (paid to unnamed vendors/contractors — this source doesn't disclose who specifically got the money)

Hypothesized recipients 4

This claim's own source names no external recipient. Separate public reporting suggests some of who the money likely went to — not confirmed, not summed into the total above.

  • SK Hynix → ASMLhypothesis

    $7.9B (estimate) — Record order: SK hynix committed KRW 11.9 trillion (~$7.9B) for approximately 30 ASML EUV lithography scanners through end-2027, split between the Cheongju M15X fab (HBM) and the Yongin cluster (advanced DRAM) -- this may overlap with rather than sit fully on top of the already-tracked $38.1B Yongin/Cheongju combined investment.

  • SK Hynix → SK ecoplanthypothesis

    EPC affiliate handling engineering-procurement-construction work on the Yongin semiconductor cluster and its support facilities (cogeneration plant, industrial-complex development).

  • SK Hynix → Techcross Water & Energyhypothesis

    $35.0M (estimate) — Letter of intent worth approximately 50 billion won (~$35M) for Phase 2 wastewater-treatment EPC work at the Yongin fab -- an LOI, not yet a signed contract.

  • SK Hynix → TEMC CNShypothesis

    $18.7M — Confirmed KRW 25.25B (~$18.7M) contract, signed June 26 2026, to supply/install the Central Chemical Supply System (CCSS) for the Yongin fab.

A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Research · Q1.